#Gate广场新手村第八期 In the crypto world, which operates 24 hours a day and magnifies human greed and fear to the extreme, the phrase "Plan your trades, trade your plan" is not an empty slogan, but a lifesaving principle.

If you have ever stared at the candlestick chart late at night, your heart racing with the price's wild fluctuations, jumped in due to FOMO (fear of missing out), and then panicked and cut your losses, then this article might be the "Dao" you have been searching for.

In the crypto world, a day is like a year in the human world. The wealth effect here is enough to drive people crazy, but the harvesting efficiency can also make your funds drop to zero in an instant. In such an extreme market, what do we rely on to survive and thrive? The answer lies in this seemingly simple yet weighty saying – plan your trades, trade your plans.

1. Why plan? Because the market specializes in dealing with all kinds of "disobedience".

In the eyes of traders without plans, the market is a gambling ground, a playground. Their operation process is usually:
"Oh no, I'm stuck, what should I do?"

Trading without a plan is just offering your capital to the market.

A mature trading plan is your battle map and action program. It should at least answer the following core questions:

1. What to buy? (Underlying: Is it based on solid fundamental research or clear technical patterns? It's not just blindly following what a big influencer says.)
2. Why buy now? (Entry signal: is it a breakout of a key resistance level, a pullback to trendline support, or the emergence of a specific bottom formation?)
3. How much to buy? (Position management: This is your lifeline. Is it an all-in bet or a phased accumulation? How much risk of your total capital are you willing to take on for this trade?)
4. Where to set the stop-loss? (Risk control: This is the most critical part of the plan. Where does the price go to prove that your judgment is wrong? You must exit unconditionally. Remember, surviving is the key to having a tomorrow.)
5. Where to take profit? (Profit target: Where is your target? Is it at the previous high resistance level, or the Fibonacci extension level? Or, are you using a trailing stop to let profits run?)

A plan is the "law" you set for yourself in a frenzy market while in a calm state.

2. Why should you "trade your plan"? Because the unity of knowledge and action is the hardest thing in the world.

The planning is only 10% complete. The remaining 90% is the brutal execution.

In the crypto world, you will face three major execution enemies:

· FOMO (Fear of Missing Out): When you see a coin that you didn't plan for suddenly surge by 50%, and the community is in a frenzy, your plan becomes incredibly fragile at that moment. You might think, "I'll just chase a little, and if I make a profit, I'll run." — This is often the beginning of a tragedy.
· Fear: The price hit your stop-loss level, but you hesitated. "What if I cut it at the floor price?" So you choose to "lie flat" and pray that it will bounce back. The result is often a shallow loss turning into a deep one, ultimately leading to a huge loss and exit.
· Greed: The price has reached your profit target, but you are reluctant to sell. "It can double again!" As a result, the market takes a sharp turn, and the cooked duck flies away, even turning profit into loss.

"Trading your plan" is the ultimate test of your discipline and mindset.

It requires you:

· Cold and unfeeling like a machine. When it reaches the stop-loss point, act decisively without any emotions. Losses are the cost of trading, just like paying rent when opening a store.
· Block out the noise of the market. Block out the hustle and bustle of "stud" and "take-off" in the group, and only trust the signals in your plan. Your plan is your commander, not someone else's emotions.
· Accept imperfection. Your plan may cause you to miss out on a surge, or it may lead to a small loss when exiting. That's okay. Trading is a game of probabilities; as long as your trading system has a positive expected value in the long run, sticking to the execution will lead to success.

3. How to practice this "enlightenment" in the crypto world?

1. Create your trading log: Record every transaction, whether it is a profit or a loss. Document your plans, execution status, and post-analysis. This is the fastest way for you to grow.
2. Start with a demo account or minimal funds: Do not invest money that you cannot afford to lose until you have established a stable system and discipline. Practicing discipline with real money is too costly.
3. Regularly review and optimize your plans: The market is changing, and your understanding is also changing. Periodically review your trading logs to see which plans are effective and which are ineffective, continuously optimizing your "rules."
4. Stay humble, keep learning: The crypto world evolves at a rapid pace, from DeFi to NFTs, from Layer 2 to RWA... Never stop learning. Your cognitive boundaries are the boundaries of your wealth.

In the crypto world, "Plan your trades" is a technique, a methodology; "Trade your plan" is the principle, the mindset. When every time you open a position or close a position becomes based on evidence and orderly, you will find that in the face of the market's tumultuous waves, your inner self will become exceptionally calm.

Wealth will ultimately reward the very few who are wise and disciplined. May you, starting today, no longer go with the flow, but become the "planned trader" who holds the blueprint and strolls confidently through the market.

Let's encourage each other.

This article is solely a personal investment thought sharing and does not constitute any investment advice.